The Kirov oblast Government is interested in mutually beneficial cooperation directed at the development of the oblast's economy and is willing to support the initiatives of investors.

The system of the State support of the investment activities created in the region allows to receive the following: a state budget credit; a subsidy to pay out a part of the credit interest; insurance arrangements with the State bonds for the attracted investments; tax benefits; preferential terms for the use of the oblast's property; budgetary investments for the project realization.

At the base of this mechanism there is competitive selection of investment projects in industry. The criteria for the competitive selection are as follows:

• the ratio of tax returns into the oblast budget to the volume of state support;
• the ratio of the value of an average wage specified by the investment project to the value of the subsistence wage;
• labor productivity of a worker at the moment the project reaches its planned capacity;
• the ratio of the retained and created jobs to the population numbers of the town, city or a settlement.

State support of the investment activity in the Kirov oblast is performed by the investment subject's participation in federal and regional purpose-oriented programs. The oblast Government has worked out a system of screening the projects to facilitate more efficient expenditure of budget funds.

Development of long-term investment crediting as well as leasing is one of the factors responsible for the formation of favorable investment climate in the region. The Kirov oblast Government actively cooperates with regional banks, branches of out-of-oblast banks, retirement funds and other financial institutions. The purpose of this cooperation is to involve financial resources into the investment circulation.

Moreover, the oblast Government is willing to support an investment project in its pre-investment stage; to support the project in drawing and obtaining of the permissive documentation; in solving the issues of the organization registration and its registering with the tax-collecting agencies; in reserving and allocating of lands; in ownership registration, in property lease agreements; in settling arguments and conflicts arising in the course of the project's realization; in obtaining legal, auditing and insurance support within the project's frame work; in getting the assistance of assessment companies.

• How to get the state support for the activities of private investors in the Kirov oblast
• The scheme of functions distribution and co-operation at getting the state support for the investment activity subjects
• The system of providing the investment activity subjects with the state support in the economy's high-priority investment projects
• The scheme of obtaining state support by the investment activity subjects for the implementation of their investment projects (business-plans)
• The procedure of providing state support to the investment activity subjects with the state support in the oblast's economy high-priority investment projects